Question: Consider a 10-year, $100,000 Face Value bond with a 5% coupon rate and annual coupons. If the yield to maturity is constant at 4%, what

  • Consider a 10-year, $100,000 Face Value bond with a 5% coupon rate and annual coupons.

  • If the yield to maturity is constant at 4%, what is the bondsfair market price

  • Answer given in the answer key is: 69,227.16 however I keep getting 108,1108.8958

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